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Commercial Plumbing And Gas Contractor In Florida For Sale

Florida, US
Asking Price:
On request
Sales Revenue:
Over $5M
Cash Flow:
Undisclosed

With a legacy spanning four decades, this Florida-based plumbing and gas contractor presents an exciting opportunity for a buyer looking to acquire a longstanding operation, with loyal commercial clients, located in a favorable construction market. The company has not only successfully completed projects of varying sizes–from single-story buildings to large-scale structures up to 35 stories— they have also amassed the expertise, reputation, and manpower to complete some of the largest projects in their region.

Their service offering spans the full gamut of industrial plumbing projects, covering the full scope of piping systems, including sanitary drainage/venting, storm drainage, potable water, water heating systems, natural and LP gas supply, and fixture installations. One key competitive differentiator lies in their in-house prefabrication capabilities, which allows them to efficiently fabricate custom sanitary drainage /venting, potable water , booster pumping, heating manifold systems, and more.

Over many decades, the company's focus on maintaining strong relationships with its clients has fueled consistent business and steady growth. Over the last few years specifically, the company has managed to achieve double-digit sales increases without any advertising program in place. The owner attributes this growth to word-of-mouth referrals, long-standing relationships with satisfied clients, and operational improvements that have effectively reduced the cost of goods sold from 75% of revenue down to 67%.

While the company’s growth over the last few years is admirable, the owner is confident the business has not yet reached the peak of its potential, currently operating at around 85% capacity. With $17–$19 million in annual revenue, he’s confident that bringing on more managers, expanding bidding capabilities, and strengthening administrative support could easily push revenue to $20–$25 million. Even without these changes, the owner sees continued growth as highly likely, driven by the business's prime location, expanding market, and seasoned team.

Property Information

Real Estate:

Real Property Included

Location:

Although the local market is conducive to growth, the competitive landscape is pronounced, where approximately 10 similarly sized contractors compete directly. Despite this competition, the company leverages several key advantages to stand out. These include long-term employee retention, exceptional customer service, proficiency in bidding and value engineering, as well as comprehensive project servicing and warranty support.

Premises Details:

The primary location is a 10,000-square-foot office, built by the founders 35 years ago, with a 4,000-square-foot yard for truck storage, fabrication, and material turnover. A newly acquired 6,000-square-foot warehouse serves all west coast operations, offering similar capabilities, including material storage and fabrication. The company manages a fleet of around 25 trucks, three mini excavators, and additional trailers and large trucks for equipment transport, handling its own excavation work whenever possible.

Business Operation

Expansion Potential:

Adding managers, expanding bidding capacity, and introduction of advertising.

Competition / Market:

The company’s in-house fabrication capabilities provide a significant competitive and quality advantage, allowing them to assemble and test systems in controlled environments, leading to faster, higher-quality installations. On Florida’s west coast, competition is less intense, and the company benefits from its local expertise, familiarity with regional projects, and established relationships with municipalities. This localized knowledge further strengthens their competitive edge in a growing market.

Reasons for selling:

Owner pursuing retirement.

Employees:
92
Years established:
42

Other Information

Support & training:

While he is willing to assist with the transition, the owner believes his oversight role will be straightforward to fill, and he's confident the business will continue to thrive without him.

His partner is likely to remain involved for a longer period, though he may also consider retirement in a few years.

The owner expects most of the staff will remain post-acquisition, as long as the company continues to provide a supportive work environment and the team in the field continues to work closely with job site supervisors rather than upper management.